I'd rather take a route with a lower tuition cost then.
I lost about 3% of capital in my first 3 months of swing trading ETFs and stocks, mostly due to one boneheaded premature crude oil play, but I have made reasonably consistent profits the last 2 months so I am almost back to even. Swing...
My goal is to find a strategy that makes at least 20% per year net. If I can't do that well, then why put all these hours into it, for $40 per year I get a pretty good buy and hold newletter that should do almost that well. I expect 55-60% win ration, which with a money mgmt plan should yield...
Understood, but the past performance gives some indicator of how steady a fund manager is and can be compared across bull and bear markets. The better funds managers publish their historical data to say: 1) this is serious ROI 2) we're reasonably consistent and 3) there are serious risks and...
The question how much can I make is fair.
It's just that the answer should be disconnected from monetary amounts.
The same question you would ask a fund manager should be fair to ask of traders:
How much does a careful trader increase his holdings on a % basis per year? What is a realistic %...